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Avalanche P-Chain

What is Avalanche P-Chain?

The Platform Chain is the metadata blockchain on Avalanche® and coordinates validators, staking, keeps track of active Subnets, and enables the creation of new subnets. The Platform Chain implements the Snowman consensus protocol.

Key Features of Avalanche P-Chain

  • Coordinating Validators
  • Staking Management
  • Tracking Active Subnets
  • Creating New Subnets

Use Cases for Avalanche P-Chain

  1. Coordinating Validators: The P-Chain coordinates validators to participate in the consensus protocol, ensuring the security and integrity of the Avalanche network.
  2. Staking Support: It facilitates the staking mechanism, allowing users to stake their tokens and contribute to the security and operation of the Avalanche network.
  3. Subnet Management: The P-Chain tracks active subnets, enabling efficient management of separate chains with their own consensus rules and assets within the Avalanche network.
  4. Subnet Creation: It empowers the creation of new subnets, fostering innovation and customization by enabling the development of specialized chains for diverse use cases.
Visit their official website to learn more:
https://www.avalabs.org
Accounting Features Supported for
Avalanche P-Chain
Unrealized G/L & Impairment Calculation
Soon
Reconciliation & Sanity Checks
Soon
DeFi Protocols
Soon
NFTs Valuation
Soon
Automated Rule Categorization
Soon
Integration to ERPs, QBO, Xero, Netsuite, etc.
Soon

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